Talk of The Villages Florida - View Single Post - District Bond Amortization schedule is very weird, doesn't match normal calcs
Thread: District Bond Amortization schedule is very weird, doesn't match normal calcs
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Old 09-22-2023, 08:14 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
Correct, if you are considering moving within the first 5-10 years, its best to not pay off the bond.

However, there is a behavioral economics question about how houses are priced to resell with or without a bond, based on total cost of ownership and the naiveness of the buyers.
Unfortunately it would appear that many buyers do not understand total real cost of buying a house. As a result they do not factor in cost of bond in purchase